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Press Releases

Results below target but strengthened foundation for continued long-term growth and increased profitability

Results below target but strengthened foundation for continued long-term growth and increased profitability

Press Releases   •   Oct 25, 2018 07:00 BST

Zalaris’ Q3/18 revenues reached NOK 176 million, an increase of 17.1 per cent compared to Q3/17. Operating profit marked by timing of cloud revenues, costs of contract renewals and increased amortization.

Integration completed, well positioned for further growth

Integration completed, well positioned for further growth

Press Releases   •   Aug 16, 2018 07:00 BST

Zalaris' Q2/18 revenues reached NOK 189 million, a 49 per cent growth compared to Q2/17. Long-term revenues show clear trend: Zalaris nearly doubled in size. Extended BPO agreement signed with SAP for another 5 years.

Leading Analyst Firm Names Zalaris a ‘Major Contender’

Leading Analyst Firm Names Zalaris a ‘Major Contender’

Press Releases   •   Aug 07, 2018 16:19 BST

Recognition marks Zalaris’ position as top provider of SAP SuccessFactors-based HR solutions and services

Zalaris growing with customers in new geographies

Zalaris growing with customers in new geographies

Press Releases   •   May 03, 2018 07:00 BST

Zalaris' Q1/18 revenues reached NOK 186.2 million, a 75% growth compared to Q1/17. Successful go-live of existing customers in Ireland and Germany prove revenue potential in our scalable business model across regions. New contract signed with oil champion Aker BP for HR outsourcing services.

Year of acquisitions and continued organic growth

Year of acquisitions and continued organic growth

Press Releases   •   Feb 28, 2018 07:00 GMT

Zalaris' Q4/17 revenues reached NOK 193.5 million, up 83.6% compared to Q4/16 (105.2 million), reflecting two significant acquisitions during the year and continued organic growth. Operating profit (EBIT) in Q4/17 was NOK 12.4 million before other costs, corresponding to a 6.4 % margin.

Another milestone quarter - expanding into the UK and Ireland through acquisition of ROC

Another milestone quarter - expanding into the UK and Ireland through acquisition of ROC

Press Releases   •   Nov 09, 2017 07:00 GMT

Zalaris' Q3/17 revenues were up 54.1% to NOK 150.6 million compared to the corresponding period last year. The EBIT margin was 4.4%, marked by M&A and integration activity. Prestigious contract signed with Norwegian bank DNB ASA.

Acquisition of ROC Global Solution Consulting Ltd.

Acquisition of ROC Global Solution Consulting Ltd.

Press Releases   •   Sep 25, 2017 14:32 BST

Zalaris ASA has today agreed and completed the acquisition of 100 percent of the shares in ROC Global Solution Consulting Limited (ROC), a UK based human resources consulting company.

Leading financial group selects Zalaris ASA

Leading financial group selects Zalaris ASA

Press Releases   •   Sep 11, 2017 11:12 BST

Zalaris ASA has signed a five-year contract with a leading Nordic financial group to support their strong global workforce of above 9 000 employees. The agreement includes cloud solutions powered by SuccessFactors and SAP Human Capital Management.

Milestone quarter, new markets opened up

Milestone quarter, new markets opened up

Press Releases   •   Aug 16, 2017 07:00 BST

Zalaris' Q2/17 revenues were up 33.2% to NOK 126.9 million (incl. sumarum AG which was acquired in the quarter and included from 18 May), with an EBIT margin of 5.7%. First half-2017 pro forma revenues for the combined entity are 15.4% higher compared to the same period in 2016.

Volvo Car Group owner Zhejiang Geely Group selects cloud services from Zalaris to its CEVT

Volvo Car Group owner Zhejiang Geely Group selects cloud services from Zalaris to its CEVT

Press Releases   •   May 22, 2017 07:00 BST

Zalaris ASA has signed a five-year contract to deliver cloud services to China Euro Vehicle Technology, a Sweden-based automotive innovator employing some 2 000 employees and contractors.

Acquisition of shares in sumarum AG completed

Acquisition of shares in sumarum AG completed

Press Releases   •   May 18, 2017 17:11 BST

Zalaris has today completed the acquisition of the shares in sumarum AG (previously IT2 Solutions AG) - a leading HR outsourcing and consulting company in Germany.

Statkraft selects Zalaris to deliver HR and payroll services for global activities

Statkraft selects Zalaris to deliver HR and payroll services for global activities

Press Releases   •   May 16, 2017 16:10 BST

Zalaris ASA has signed a five-year contract with Statkraft, the Norwegian state-owned energy champion. The agreement, referred to in the Q1 report, now includes operations for more than 3 000 employees globally.

Zalaris ASA acquires sumarum AG  –  a leading HR outsourcing and consulting company in Germany

Zalaris ASA acquires sumarum AG – a leading HR outsourcing and consulting company in Germany

Press Releases   •   Apr 26, 2017 19:46 BST

Zalaris ASA has agreed to acquire sumarum AG, a leading human resources outsourcing and consulting company based in Germany.

Siemens renews and expands payroll agreement with Zalaris

Siemens renews and expands payroll agreement with Zalaris

Press Releases   •   Apr 20, 2017 18:12 BST

Zalaris ASA has signed a five-year renewal with the industrial champion Siemens for its Swedish operations. The agreement extends the value creating partnership over the past 12 years.

Margins above target, multiple wins supporting outlook

Margins above target, multiple wins supporting outlook

Press Releases   •   Feb 28, 2017 06:00 GMT

Zalaris’ Q4/16 revenues were up 11.2% to NOK 105.2 million, with an EBIT margin at 11.8% - well above target. Dividend for FY/16 proposed at NOK 0.87 per share.

Hydro extends partnership with Zalaris to provide transactional HR services

Hydro extends partnership with Zalaris to provide transactional HR services

Press Releases   •   Feb 08, 2017 07:32 GMT

Zalaris ASA has extended its partnership with Norsk Hydro ASA – a global aluminum company - to provide payroll and HR services to Hydro’s 4,400 employees and 8,100 pensioners in Norway.

Multiple wins for Zalaris in the Nordics

Multiple wins for Zalaris in the Nordics

Press Releases   •   Dec 23, 2016 07:30 GMT

Zalaris has signed contracts with a Finnish industry champion and a Norwegian transport company. Under the two new contracts, another 5,500 employees in the Nordics will be receiving HR and payroll services from Zalaris.

NSB spin-offs select Zalaris to deliver  HR and payroll services

NSB spin-offs select Zalaris to deliver HR and payroll services

Press Releases   •   Dec 07, 2016 10:29 GMT

As Norwegian Railways (NSB) separates some of its subsidiaries in conjunction with reforms in progress, decision makers continue to steer toward Zalaris on the HR/payroll front. Zalaris will deliver corresponding services to approximately 1 250 employees in three of the designated companies.

Top analyst identifies Zalaris as  “Star Performer”

Top analyst identifies Zalaris as “Star Performer”

Press Releases   •   Nov 30, 2016 15:59 GMT

Everest Group identifies Zalaris as leading player in prestigious rating, assessing service providers in the multi-process HR Outsourcing market (MPHRO).

Continued growth, solid margin improvement

Continued growth, solid margin improvement

Press Releases   •   Oct 26, 2016 06:00 BST

Zalaris’ Q3/16 revenues were up 5.4% to NOK 97.7 million, with an EBIT margin at 9.4%. Top analysts continue to recognize Zalaris as top performer in a healthy growth market.